Foodservice IP’s Blog

Don’t miss our expert perspectives on these hot industry topics:

Responding to Higher Food, Labor Costs in 2021

Recently, Philadelphia-based Marquis & Co. announced it would implement a $15 an hour minimum wage across all nine units in July, as reported by Nation’s Restaurant News. Marquis said the average minimum wage at HipCityVeg’s Philadelphia locations is currently...

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The Five Truisms of Retail Foodservice

Supermarket News recently reported that 2020 was a record-setting year in sales in the grocery industry due to the pandemic — including periods of stock-up shopping, the increase in meals at home and the expansion of online services and curbside pickup/delivery....

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One Year On: Five Things Covid-19 Altered in Foodservice

On March 13, 2020, the Trump Administration announced a “shelter in place” order that most of us clearly remember. Restaurants with seating areas were closed, and only supermarkets (and home improvement stores) were considered essential retailers. Do-it-yourself...

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Wall Street Interest in Restaurants Proves Its Resilience

  Many of us at Foodservice IP have been involved in the “final mile” of due diligence for private equity (PE) firms looking to acquire restaurant concepts. Our consultants have assisted with the “soft analysis” - or patron general likes and dislikes - of...

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